RoboForex has added new investment platforms, CopyFX and RAMM, as portofolio management following the issued license no 191/13 from CySec.
RoboForex has added new investment platforms, CopyFX and RAMM, as portofolio management following the issued license no 191/13 from CySec.
Those two new investing platforms were expected to raise trading volume due to interactivity between investors and traders with the same common goal, to gain profits.
How They Work
1. CopyFX
CopyFX is basically a copy trading where an investor attempts to gain profit by copying transaction of one or more traders.
If user is new to forex trading, posessing a risk capital to invest but not quite the time and effort to dedicate, CopyFX might be his/her best entry to forex market without a particular headache. Open an account as an investor, subscribe to one or more traders, and receive profit minus commission imposed by traders.
Traders with skilled approach to market and willingness to share their experience but lacking confidence to take responsibility of other people's money should try CopyFX, as they will gain extra bonus through commission/percentage from investors for copying trader's transactions.
2. RAMM
RAMM (Risk Allocation Management Model) shares the common idea of both parties where investor invest their fund to the experienced trader as he/she exhibit his/her trading strategy.
RAMM works almost similar to PAMM (Percentage Allocation Management Module), whereas in RAMM, RoboForex stressed the multitudes of risk to reward management.
Traders may receive up to 50% of profit being made by their investors.
Do note that RoboForex does not limit their user to apply exclusively as either an investor or trader. One may open multiple accounts as both investor and trader to even up all the possible profit gain from these new platforms.